Market Rules
Market Rules
Market opening under the Gaswirtschaftsgesetz (Natural Gas Act) brought the establishment of a balancing group system. Market rules, designed to safeguard the smooth operation of the market, are integral to this system.Section 6 Natural Gas Act defines the market rules as the body of legal and contractual rules and regulations that market participants must observe to ensure that the gas market operates in an orderly manner. Among other things the market rules govern:
- The allocation of responsibilities to given market players and system operators
- The general terms and conditions for individual market participants
- The technical and organisational rules (TOR)
- The interactions of market players, and schedules and data formats (Other Market Rules)
The links on the right hand side take you to the latest versions of the market rules.